$MORPHO /USDT .... Short Trade Setup
MORPHO is facing rejection near the recent intraday high and showing weakness on the 1H timeframe. Price is failing to hold above the 1.20 zone, suggesting a potential pullback toward lower support levels.
Timeframe: 1H
Market Bias: Short
Entry Zone:
1.190 – 1.205
Stop Loss:
1.225
Take Profit Targets:
TP1: 1.165
TP2: 1.145
TP3: 1.120
Price structure is forming lower highs after rejection, indicating selling pressure is increasing. A sustained move below 1.180 can open the path toward deeper support zones. Use proper risk management.
MORPHO
1.157
0.00%